Listly by Avid Lister
Have you been offered a job as a CEO, COO, CFO, CMO, CIO, CTO or other C-level executive, director, VP or other senior executive position? If yes, then lucky you! But before you sign your employment contract, make sure your interests are protected and you get the compensation you deserve. Here are some key items you should negotiate for:
How to come up with your executive salary, bonus & equity proposal and get your employer to buy in.
How CEOs and senior executives can structure bonuses in their compensation package for maximum benefit.
The key employment contract terms in a COO contract, including duties, compensation, severance and more.
Restricted Stock is the best choice for CEOs and executives joining high growth companies and in turn-around situations.
Why and how CEOs and senior executives negotiate severance compensation packages and separation agreements.
Pitfalls of non-competes for executives and techniques to surmount them.
In this age of globalization, job opportunities abound as long as you are willing to relocate. Companies are aware that executive skillsets and experiences are often applied in different places and industries. As a result, you may at times be offered attractive career opportunities to work in a geographic location that is not near home. However, relocation can mean disrupting your children’s lives and education as well as your spouse’s life and career.
Unfair treatment faced by women CEOs and employment contract terms, change of control, etc. and how to protect their interests, obtain their proper rights and benefits, and continue their path of career advancement.
Important things to know when your equity compensation is units in an LLC, including rights, taxation, and key terms.
Need sample agreement templates? Check out this post to get them for free!
10 critical employment contract terms that senior executives should negotiate before accepting an offer, by Boston's top employment attorney Robert Adelson.
Overall employment of top executives is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations.
About 318,100 openings for top executives are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.
For C-level executives, there is often more room for negotiating bonuses than base salary, so it is important to understand the types of bonuses and terms to seek in bonus structure that could make a difference to your total executive pay.
Equity may be the largest portion of your executive compensation package, but there is no certainty that you will achieve a big upside value with your equity. If, despite your efforts, the company fails and the stock price declines or, worse still, the company goes bankrupt, regardless of the terms, you are unlikely to benefit. Even if the company does succeed, there are different ways you might be denied the benefits you earned. This article discusses several of the key protections you should seek to assure that if the company does succeed and investors reap a reward, you, as a key executive who had a significant role in this success, are rewarded as well.